Forbes | Billionaire William Macaulay Suffers Another Oil Setback with Sabine Bankruptcy Forbes Billionaire William Macaulay, who co-founded one of the earliest and biggest private equity firms dedicated to the energy sector, has been one of the hardest hit Masters of The Universe as the price of crude oil has plunged over the last year. Macaulay ... Sabine Files Bankruptcy in New York as Oil Prices Fall Sabine Oil & Gas files for bankruptcy Sabine sixth U.S. producer to seek bankruptcy protection this year |